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Higashimaru Co (FSE:2058) Gross-Profit-to-Asset % : 19.11% (As of Dec. 2023)


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What is Higashimaru Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Higashimaru Co's annualized Gross Profit for the quarter that ended in Dec. 2023 was 円2,996 Mil. Higashimaru Co's average Total Assets over the quarter that ended in Dec. 2023 was 円15,676 Mil. Therefore, Higashimaru Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was 19.11%.


Higashimaru Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Higashimaru Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Higashimaru Co Gross-Profit-to-Asset % Chart

Higashimaru Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.01 16.58 17.92 20.03 16.48

Higashimaru Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.28 11.62 13.74 16.48 19.11

Competitive Comparison of Higashimaru Co's Gross-Profit-to-Asset %

For the Farm Products subindustry, Higashimaru Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Higashimaru Co's Gross-Profit-to-Asset % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Higashimaru Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Higashimaru Co's Gross-Profit-to-Asset % falls into.



Higashimaru Co Gross-Profit-to-Asset % Calculation

Higashimaru Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=2179/( (12082+14367)/ 2 )
=2179/13224.5
=16.48 %

Higashimaru Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2996/( (15201+16150)/ 2 )
=2996/15675.5
=19.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


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Higashimaru Co (FSE:2058) Business Description

Traded in Other Exchanges
N/A
Address
20 Inokakura, Ijuin-cho, Hioki-shi, Kagoshima, JPN, 899-2594
Higashimaru Co Ltd produces, sells and exports food products. It has a fisheries business and food business. Its fisheries business engaged in the production and sale of yellowtail feeds and mixed feeds for various fish farms. The company offers formula feeds for fish culture and also provides instant noodles, noodle dishes, noodle soups, wheat noodles, snacks, and fruit juices, among others.

Higashimaru Co (FSE:2058) Headlines

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